Camden National (CAC) EVP now holds 5,191 unvested stock awards
Rhea-AI Filing Summary
CAMDEN NATIONAL CORP (CAC) reported that EVP Joshua M. Nash acquired equity-based awards in the form of common stock on August 14, 2026. He received 632 and 834 shares of restricted stock awards and 246 restricted stock units under the company’s 2022 Equity and Incentive Plan and Amendment. These awards vest pro-rata over their respective service periods, subject to continued employment, with each award or unit converting into one share of common stock at vesting. Following these grants, Nash’s equity includes 5,191 restricted stock units and restricted shares subject to vesting and forfeiture restrictions, and there is also an indirect holding of 1,682.799 shares of common stock held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,712 shares
Net Buy
4 txns
Insider
Nash Joshua M
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 632 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 834 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2, F3 | 246 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,871.63 shares (Direct);
Common Stock — 1,682.799 shares (Indirect, By Spouse)
Footnotes (3)
- F1. Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the requisite service periods, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting.
- F2. Represents a grant of restricted stock units under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting dates. Each Restricted stock unit represents the right to receive one share of common stock at vesting
- F3. Includes 5,191 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Key Figures
Restricted stock award grant 1: 632 shares
Restricted stock award grant 2: 834 shares
Restricted stock units granted: 246 units
+2 more
5 metrics
Restricted stock award grant 1
632 shares
Restricted stock awards under 2022 Equity and Incentive Plan, granted August 14, 2026
Restricted stock award grant 2
834 shares
Restricted stock awards under 2022 Equity and Incentive Plan, granted August 14, 2026
Restricted stock units granted
246 units
Restricted stock units vesting pro-rata over three years, granted August 14, 2026
Total restricted shares and units subject to vesting
5,191
Restricted stock units and restricted shares subject to vesting and forfeiture restrictions
Indirect holdings by spouse
1,682.799 shares
Indirect ownership of CAMDEN NATIONAL CORP common stock held by spouse
Key Terms
restricted stock awards, restricted stock units, vest pro-rata, forfeiture restrictions, +1 more
5 terms
restricted stock awards financial
"Represents a grant of restricted stock awards under the issuer's 2022 Equity"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
restricted stock units financial
"Represents a grant of restricted stock units under the issuer's 2022"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest pro-rata financial
"that are scheduled to vest pro-rata over the requisite service periods"
forfeiture restrictions financial
"restricted stock units and restricted shares that are subject to vesting and forfeiture"
Equity and Incentive Plan financial
"under the issuer's 2022 Equity and Incentive Plan and Amendment"
FAQ
What equity awards did CAC executive Joshua M. Nash receive on August 14, 2026?
Joshua M. Nash received 632 and 834 restricted stock awards and 246 restricted stock units of CAMDEN NATIONAL CORP common stock. All are under the 2022 Equity and Incentive Plan and vest pro-rata over specified service periods, subject to continued employment.
How do the new CAC restricted stock awards for Joshua M. Nash vest?
The restricted stock awards for Joshua M. Nash vest pro-rata over requisite service periods, subject to continued employment through each vesting date. At each vesting, one restricted share converts into one share of CAMDEN NATIONAL CORP common stock.
How do the new CAC restricted stock units for Joshua M. Nash vest?
The 246 restricted stock units granted to Joshua M. Nash vest pro-rata over the next three years, subject to continued employment. Each unit represents the right to receive one share of CAMDEN NATIONAL CORP common stock at vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
